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206 W Erie Street, Missouri Valley, IA 51555

$300,000.00
  • 206 W Erie Street, Missouri Valley, IA 51555 Main Photo

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New to the Market Active
BEDS0 BATHS0 SQUARE FEET5,000 MLS#26-990
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMissouri Valley

Property Description

Downtown Missouri Valley mixed-use investment opportunity! This property features approximately 2,500 sq. ft. of commercial frontage space on the main level and four remodeled one-bedroom apartments upstairs. All apartment units are leased and occupied, providing immediate rental income. Renovated in 2022, each unit includes all appliances, including washers and dryers. The commercial space offers excellent visibility and value-add potential, creating an opportunity to increase cash flow. A turnkey investment with stable income, modern updates, and room for future growth in a prime downtown location.

Property Features

Property Type: Multi Unit - Multiple
Days on Market: 5
Roof Type: Flat
Year Built: 1904

Feature Descriptions

Documents: Lead Base Paint
Financing Terms: Cash, Conventional
Location: City
Lot Dimensions: 80 x 60
Parcel #: 603002459800000

Local Schools

High School: Missouri Valley
Middle School: Missouri Valley
Elementary School: Missouri Valley
School District: Missouri Valley

Listed By / Shown By

Listed By

Agency Name: NextHome In The Bluffs
Agency Phone: 402-250-2169

Shown By

Agency Title: Heartland Properties Inc.
Agency Phone: 712-325-0445

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Estimated Payment

$ 1,346.70 per month $1,259.20 Principal & Interest $0.00 Property Tax (data not provided by mls) $87.50 Homeowner's Insurance

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